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FACT Inc. (OTC: FCTI)

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FACT Inc. (OTC: FCTI) is a global leader of fine art and collectibles authentication technology that focuses on providing innovative solutions to address the challenges faced in the collectibles industry. The company’s proprietary forensic technology and management platform enable all parties, from collectors to insurers, to manage collections worldwide by leveraging advanced forensic technology, analytical tools and blockchain structure to protect assets.

In addition, FACT Inc. will be offering its clients the ability to create Non-Fungible Tokens (NFTs) on both their physical and digital fine art assets. It is the only company that can provide a secure link from the digital asset to the physical assets on a seamless platform. FACT Inc. is currently onboarding a system to allow its user to create, sell and trade their NFTs.

FACT Inc. was founded in 2020 as a collaboration by a team with art, business and forensics backgrounds. FACT Inc. is led by Patricia Trompeter, its CEO. The company is headquartered in Toronto, Canada, but operates all over the world.

Investment Considerations:

  • FACT Inc. combines advanced forensic technology, analytical tools and blockchain structure in a proprietary software and device solution for collectors worldwide.
  • F.A.C.T. Software and Methodology are currently patent-pending products.
  • The company leverages advances in forensic technology to capture surface profiles of an asset for authenticity verification in minutes.
  • Scanning of the image is done down to two microns, which acts as a “digital fingerprint” showing details as minute as a 50th of the diameter of a human hair.
  • All information on the pieces is kept in a secured database that standardizes collection management through scans, condition reports and provenance documentation.
  • In March 2021, FACT announced its plans to integrate Non-Fungible Tokens (NFTs) within its blockchain technology platform.
  • The art market was valued at $64 billion in 2019, with an estimated 50,000 pieces stolen per year.
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